Saturday, April 26, 2025

Observations from Advisory Board Chairman Dan Keeney 1999 - 2000.

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 Events took place that effect out Town Government that the Town has no control over. One of the biggest events that caused financial problems was in 1991, when Temple Stuart closed it's doors. This closing left a large deficit in our revenue One of the biggest problems the town encountered was no changes were made in spending due to the loss of income from the loss of this business, and no other business came to town to replace it. In the Annual Town Report, 6/1/90 - 6/30/91 Selectmen's Annual Report - Fiscal year 1991 was another year of financial stress. Local aid was 5.1 % less than the prior year 1990. The Town's Fy'90 $554,253 in certified free cash, was used to offset the tax rate, furnished major support in helping the town to "get by" for the year. As in the prior year, certain maintenance and projects had to be forgone.

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Observations from Advisory Board Chairman Dan Keeney 1999 - 2000.

 .  Events took place that effect out Town Government that the Town has no control over. One of the biggest events that caused financial pro...